Replies to post #10873 on Uranium Mining and Exploration

[Lone Clone]

To me, the recent rally in uranium stocks even while uranium itself makes multiyear lows is just a trading rally, nothing sustainable. If you look long term, as Steve Saville points out. these rallies in equities have never once predicted a revival in the underlying commodity, hence always frittered out.

I am going to wait until the price of uranium itself shows signs of a proper uptrend, keeping in mind that the low is likely to be tested by at least once before a real bull gets underway.

LC